Enphase: Shifting Solar Gears As Tax Credits Drive Lease-First Future - Enphase Energy (NASDAQ:ENPH)
UNITED STATES, JUL 22 – Enphase Energy shifted its business model to leases and power purchase agreements driven by the 48E tax credit as Q2 revenue rose 19.7%, but analysts express caution for Q3.
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Enphase: Shifting Solar Gears As Tax Credits Drive Lease-First Future - Enphase Energy (NASDAQ:ENPH)
Enphase Energy, Inc. (NASDAQ:ENPH) CEO Badri Kothandaraman on Tuesday addressed the changes underway in the solar energy market, triggered by evolving incentive structures, and how Enphase plans to respond. What To Know: During the company's second quarter earnings call on Tuesday, Enphase's management team outlined its expectations for a shift toward leases and power purchase agreements (PPAs), largely anchored by the 48E tax credit, which ext…
Enphase Energy, Inc. (NASDAQ:ENPH) Shares Bought by Y Intercept Hong Kong Ltd
Y Intercept Hong Kong Ltd raised its stake in Enphase Energy, Inc. (NASDAQ:ENPH – Free Report) by 379.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,767 shares of the semiconductor company’s stock after purchasing an additional 32,257 shares during the […]
Enphase Energy Beats Q2 Earnings, Soft Q3 Outlook Weighs On Shares
Enphase Energy Inc (NASDAQ:ENPH) reported financial results for the second quarter after the market close on Tuesday. Here's a rundown of the solar company’s report. Q2 Earnings: Enphase Energy reported second-quarter revenue of $363.15 million, beating the consensus estimate of $359.26 million.…
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